Increase in Demand from Various End-Use Industries is driving the Growth of Europe and U.S. Recycled solid Board Market

Recycled solid board is a type of material made from recycled paper fibers. It is commonly used in packaging and various paper-based products. The process involves collecting used paper and cardboard, breaking them down into fibers, and then recombining them into a solid board material. This material is often sought after for its environmental benefits, as it reduces the need for virgin paper fibers and helps divert waste from landfills. Additionally, it's typically sturdy and versatile, making it suitable for a range of applications.      

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Data Bridge Market Research analyzes that Europe and U.S. Recycled Solid Board Market is expected to reach USD 11.19 billion by 2031 from USD 9.02 billion in 2023, growing with a CAGR of 2.7% in forecast period 2024-2031.   

Key Findings of the Study

Expansion in E-Commerce

As consumers increasingly turn to online shopping for convenience and accessibility, the demand for packaging materials that ensure the safe and efficient delivery of goods has surged. Recycled solid board emerges as a favorable solution for e-commerce packaging due to its eco-friendly properties, offering both protective capabilities and sustainability credentials. With the rise of online retail platforms, there is a growing need for sturdy and reliable packaging materials that can withstand the rigors of shipping and handling while minimizing environmental impact.

Report Scope and Market Segmentation

Segment Analysis

The Europe and U.S. recycled solid board market is segmented into five notable segments based on product type, category, weight, application, and end-use.

• On the basis of product type, the market is segmented into Coated Recycled Board (CRB) and Uncoated Recycled Board (URB) 

In 2024, the Coated Recycled Board (CRB) segment is expected to dominate the Europe and U.S. Recycled solid Board Market

In 2024, the Coated Recycled Board (CRB) segment is expected to dominate the market with a market share of 63.86% as it enhances durability, improves surface protection.    

• On the basis of category, the market is segmented into laminated and non-laminated   

In 2024, the laminated segment is expected to dominate the Europe and U.S. Recycled solid Board Market

In 2024, the laminated segment is expected to dominate the market with a 68.14% market share due to various applications across different industries due to its strength, versatility, and customizable properties.   

• On the basis of weight, the market is segmented into 300-600 GSM, 601-800 GSM, 801-1200 GSM, and Above 1200 GSM. In 2024, the 300-600 GSM segment is expected to dominate the market with a 44.51% market share
• On the basis of application, the market is segmented into boxes, pop displays, trays, layer pads, edge protectors, and others. In 2024, the boxes segment is expected to dominate the market with a 44.08% market share 
• On the basis of end-use, the market is segmented into food and beverages, healthcare and pharmaceuticals, cosmetics and personal care, electrical and electronics, building and construction, industrial packaging, tobacco packaging, and others. In 2024, the food and beverage segment is expected to dominate the market with 40.69% market share 

Major Players

Data Bridge Market Research analyzes Smurfit Kappa (Ireland), Reno De Medici S.p.A. (Italy), DS Smith (U.K.), VPK Group NV (Belgium), Schumacher Packaging (U.K.) as the major players in this market. 

Market Developments

• In March 2024, Smurfit Kappa planned to invest EUR 54 million to double the capacity of its Ibi Bag-in-Box facility in Alicante, Spain. This investment aimed to boost sustainability by improving waste management and reducing energy usage. The plant has a strong recycling history, employing advanced systems to identify and separate by-products effectively
• In March 2024, DS Smith, a leading global provider of recycled solid board packaging solutions, has recently forged a partnership with Filir d.o.o., a renowned confectionery distributor, to revamp the brand's Easter product range. In a significant move towards sustainability, DS Smith has introduced a cutting-edge packaging solution for Easter candy gift packs, replacing traditional plastic with 100% recyclable, fibre-based materials. This innovative packaging, crafted by DS Smith's design team, emphasizes minimal material usage to reduce waste and boasts a clever design that doubles as a reusable gift bag. Notably, its unique closure mechanism ensures the security of the sweets contained within, preventing any tampering
• In March 2024, DS Smith, renowned for its sustainable, fiber-based corrugated packaging solutions, has introduced its latest innovation in North America: the DryPack seafood box. This new offering is crafted from recycled solid board and boasts impressive features. The DryPack box is completely water-resistant, ensuring no leaks, and is fully recyclable. When combined with ice, it effectively maintains fresh fish below 40 degrees Fahrenheit for more than 40 hours within cold chain operations
• In February 2024, Smurfit Kappa secured its position as a top ESG performer for the third consecutive year, earning Industry and Regional Top-Rated status from Morningstar Sustainalytics. With a score of 10.7, it maintained its "Low Risk" classification, outperforming its peers in the paper packaging sector and ranking among Europe's top-rated companies
• In July 2023, RDM Group has completed the acquisition of Fiskeby International Holding AB, a renowned producer of packaging board derived entirely from recovered fiber, based in Sweden. Established in 1637, Fiskeby is Scandinavia's sole manufacturer of 100% recovered fiber packaging board, specializing in eco-friendly solutions for the food and beverage, and household products sectors. Fiskeby stands out as the region's exclusive board mill capable of utilizing liquid packaging board and other composite packages as raw materials, while also generating renewable energy from industrial waste. This sustainable approach reduces CO2 emissions and reliance on fossil resources. With an annual capacity of 170 thousand tonnes, Fiskeby serves key markets in Sweden, Germany, and the United Kingdom

Regional Analysis

Geographically, the regions covered in the Europe and U.S. recycled solid board market report are U.S. and Europe. Europe is further segmented into Germany, Italy, U.K., France, Poland, Russia, Spain, Turkey, Netherlands, Belgium, Sweden, Finland, Switzerland, Denmark, Norway and rest of Europe.

As per Data Bridge Market Research analysis: 

Germany is dominant country in Europe and U.S. Recycled solid Board Market

Germany is expected to dominate the market as Europe has stringent environmental regulations and ambitious sustainability goals aimed at reducing waste and promoting recycling.   

Italy is fastest growing country in Europe and U.S. Recycled solid Board Market

Italy is expected to fastest growing country in market due to innovations and technological advancements in recycling.   

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